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The Federal Government has initiated a consultation period around a new policy paper which would see consumers approaching retirement provided with standard fact sheets comparing post-retirement options but which the Government argues would not constitute financial advice.
The superannuation industry is backing Labor superannuation policy and expecting a Labor victory at the next federal poll.
National Australia Bank has tightened the regime around executive remuneration, giving it more scope to claw back options and bonuses when things go wrong.
A dealer group chairman has labelled the Financial Adviser Standards and Ethics Authority regime as discriminating against women and older advisers some of whom want to work part-time.
The superannuation industry appears split on whether political advertising represents a breach of the sole purpose test, but most believe the test needs changing, in any case.
